Corbus Pharmaceuticals
CRBPCRBP · Stock Price
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Overview
Corbus Pharmaceuticals is a clinical-stage biotech focused on developing innovative treatments for cancer and obesity, two of the most pressing global health challenges. Its strategy centers on optimizing known therapeutic modalities: a next-generation Nectin-4-targeting ADC (CRB-701) designed to improve upon first-generation toxicity, and a peripherally-restricted CB1 inverse agonist (CRB-913) aimed at achieving weight loss without central nervous system side effects. The company has advanced both lead assets into Phase 1 clinical trials, secured Fast Track designation for CRB-701 in specific cancers, and is positioning itself in multi-billion dollar markets with high unmet need.
Technology Platform
Program-specific optimization of known modalities: next-generation ADC engineering with site-specific conjugation for oncology, and peripheral receptor targeting for metabolic disease.
Pipeline
10| Drug | Indication | Stage | Watch |
|---|---|---|---|
| Lenabasum 5 mg + Lenabasum 20 mg | Diffuse Cutaneous Systemic Sclerosis | Phase 3 | |
| Lenabasum 20 mg + Lenabasum 5 mg + Placebo | Dermatomyositis | Phase 3 | |
| JBT-101 + Placebo | Systemic Lupus Erythematosus | Phase 2 | |
| Lenabasum 20 mg + Lenabasum 5 mg | Cystic Fibrosis | Phase 2 | |
| JBT-101 (lenabasum) | Cystic Fibrosis | Phase 2 |
Funding History
4Opportunities
Risk Factors
Competitive Landscape
CRB-701 directly challenges the entrenched Nectin-4 ADC PADCEV, requiring clear proof of superior tolerability. CRB-913 enters the fiercely competitive obesity market dominated by highly effective GLP-1s, needing to show compelling efficacy and a clean CNS safety profile to carve out a niche.
Company Timeline
Founded in Norwood, United States
Series B: $60.0M
IPO — $75.0M
PIPE: $100.0M